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Old 02-11-2009, 10:08 PM
WJTrader WJTrader is offline
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Question How much credit cards do you currently have?

How much credit cards do you currently have? It seems that everyone has them nowadays.

Look forward to the response
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Old 02-12-2009, 06:43 AM
ksluis62 ksluis62 is offline
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Default Re: How much credit cards do you currently have?

I have 10, just one that I use frequently and pay off every month. However, I have 5 with balances currently under low-interest rate offers. I'm working like a dog to pay off that debt!
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Old 02-12-2009, 07:42 PM
ElliotClark ElliotClark is offline
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Default Re: How much credit cards do you currently have?

I have 4 of them including my offshore credit card. Offshore credit cards that are issued by international banks operating at offshore banking centers have quite good rates for their credit cards. I have tried HSBC credit card and I can recommend it to you as well. The only drawback is that offshore credit card issuers require a guarantee.

Last edited by ElliotClark; 02-12-2009 at 07:44 PM. Reason: mistake
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Old 04-18-2009, 05:26 AM
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Ralph Ralph is offline
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Default Re: How much credit cards do you currently have?

At one point I had 7 credit cards in use and max out balance on most. It took me years to educate myself and pay off each and every one of them blood suckers.
I now only use my Discover card for emergencies and small things to build up the rewards and have manage to stay within a safe limit.
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Old 04-20-2009, 06:37 AM
shahab6 shahab6 is offline
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Default Re: How much credit cards do you currently have?

I only have one credit card, there's no point in carrying more than one.
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Old 05-16-2009, 10:07 PM
Rayout Rayout is offline
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Default Re: How much credit cards do you currently have?

Quote:
Originally Posted by shahab6 View Post
I only have one credit card, there's no point in carrying more than one.
Cash back rewards? Card have different rewards/bonuses for different categories so it helps to have more than 1.

Having more cards is good for your credit rating also (assuming you don't max them out).

I have 8. One is 2% cash back on everything, 1 is 5% cash back on books/restaurants, one is 3% on everyday categories, Discover card, Amex, and 3 other cards that I got recently for sign up bonuses/balance transfer arbitrage from my last app-o-rama.
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Old 05-18-2009, 09:57 PM
mhartuf mhartuf is offline
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Default Re: How much credit cards do you currently have?

I have 2 cards. One card I have had a 8-year-history with and one I recently opened a few years ago. I mainly use my debit as credit to get the points and to transfer money into my way to save with wachovia.
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Old 07-23-2009, 02:21 PM
littleroc02us littleroc02us is offline
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Default Re: How much credit cards do you currently have?

My wife and I have 1 Discover card which we only use for Gas and Groceries.
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Old 07-23-2009, 08:52 PM
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sapphirecapital sapphirecapital is offline
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Default Re: How much credit cards do you currently have?

zero it is
__________________
Answers are for general information only and should not be construed or relied upon as legal or financial advice.

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Old 09-21-2009, 06:42 AM
Ryan6 Ryan6 is offline
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Default Re: How much credit cards do you currently have?

I currently have two, but both have very small credit limits (easy to manage).
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